IDEAS home Printed from https://ideas.repec.org/h/zbw/hiclch/209257.html
   My bibliography  Save this book chapter

Outsourcing to 4PLs – Opportunities, Challenges, Future Outlook

In: Innovations and Strategies for Logistics and Supply Chains: Technologies, Business Models and Risk Management. Proceedings of the Hamburg International Conference of Logistics (HICL), Vol. 20

Author

Listed:
  • Cherneva, Denitsa
  • Voigt, Kai-Ingo

Abstract

The need for a successful management of logistics services is becoming very acute, as nowadays it defines competitiveness on the global marketplace. Without doubt, the success of LSPs and their clients depends on the ability to vastly adapt to changing customer needs, innovate, develop and supply worldwide complex, high-quality and greener products and services at a competitive rate. In theory, the 4PL business model has emerged as a very promising breakthrough solution for these newly emerging supply chain (SC) challenges. By comprehensively integrating the competencies of multiple LSPs, best-of-breed suppliers and latest technology providers, 4PLs aim to leverage the skill and resource sets along the SC. In business practice, however, this asset-free approach still struggles to take hold. By means of a qualitative research this article provides a clear understanding of the current status and variations of the 4PL phenomenon, its opportunities and challenges for businesses as well as its future outlook in Germany. The results improve the customer perception and remove ambiguities. Therefore, they are relevant for both academicians and practitioners.

Suggested Citation

  • Cherneva, Denitsa & Voigt, Kai-Ingo, 2015. "Outsourcing to 4PLs – Opportunities, Challenges, Future Outlook," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Innovations and Strategies for Logistics and Supply Chains: Technologies, Business Models and Risk Management. Proceedings of the Hamburg Internationa, volume 20, pages 231-255, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
  • Handle: RePEc:zbw:hiclch:209257
    DOI: 10.15480/882.1264
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/209257/1/hicl-2015-20-231.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.15480/882.1264?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Rajesh, R. & Pugazhendhi, S. & Ganesh, K. & Ducq, Yves & Lenny Koh, S.C., 2012. "Generic balanced scorecard framework for third party logistics service provider," International Journal of Production Economics, Elsevier, vol. 140(1), pages 269-282.
    2. Marasco, Alessandra, 2008. "Third-party logistics: A literature review," International Journal of Production Economics, Elsevier, vol. 113(1), pages 127-147, May.
    3. Büyüközkan, Gülçin & Feyzioglu, Orhan & Sakir Ersoy, Mehmet, 2009. "Evaluation of 4PL operating models: A decision making approach based on 2-additive Choquet integral," International Journal of Production Economics, Elsevier, vol. 121(1), pages 112-120, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jili Kong & Ziyu Chen & Xiaoping Liu, 2022. "A Review of Logistics Pricing Research Based on Game Theory," Sustainability, MDPI, vol. 14(17), pages 1-20, August.
    2. Jayaram, Jayanth & Tan, Keah-Choon, 2010. "Supply chain integration with third-party logistics providers," International Journal of Production Economics, Elsevier, vol. 125(2), pages 262-271, June.
    3. S. Maryam Masoumi & Nima Kazemi & Salwa Hanim Abdul-Rashid, 2019. "Sustainable Supply Chain Management in the Automotive Industry: A Process-Oriented Review," Sustainability, MDPI, vol. 11(14), pages 1-30, July.
    4. Woo, Hong Seng & Saghiri, Soroosh, 2011. "Order assignment considering buyer, third-party logistics provider, and suppliers," International Journal of Production Economics, Elsevier, vol. 130(2), pages 144-152, April.
    5. Huo, Baofeng & Ye, Yuxiao & Zhao, Xiande, 2015. "The impacts of trust and contracts on opportunism in the 3PL industry: The moderating role of demand uncertainty," International Journal of Production Economics, Elsevier, vol. 170(PA), pages 160-170.
    6. Huo, Baofeng & Ye, Yuxiao & Zhao, Xiande & Wei, Jiang & Hua, Zhongsheng, 2018. "Environmental uncertainty, specific assets, and opportunism in 3PL relationships: A transaction cost economics perspective," International Journal of Production Economics, Elsevier, vol. 203(C), pages 154-163.
    7. Erik Hofmann & Florin Osterwalder, 2017. "Third-Party Logistics Providers in the Digital Age: Towards a New Competitive Arena?," Logistics, MDPI, vol. 1(2), pages 1-28, November.
    8. Ezzeddine Ben Mohamed & Baccar Ame & Abdelfatteh Bouri, 2013. "Investment Cash Flow Sensitivity and Managerial Optimism: A Literature Review via the Classification Scheme Technique," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 5(1), pages 007-026, June.
    9. François Fulconis & Virginie Hiesse & Gilles Paché, 2011. "The 3PL Provider as Catalyst of Coopetitive Strategies-An Exploratory Study," Post-Print hal-02300882, HAL.
    10. Zhang, Jian & Nault, Barrie R. & Tu, Yiliu, 2015. "A dynamic pricing strategy for a 3PL provider with heterogeneous customers," International Journal of Production Economics, Elsevier, vol. 169(C), pages 31-43.
    11. Caunhye, Aakil M. & Nie, Xiaofeng & Pokharel, Shaligram, 2012. "Optimization models in emergency logistics: A literature review," Socio-Economic Planning Sciences, Elsevier, vol. 46(1), pages 4-13.
    12. Wagner, Stephan M. & Sutter, Reto, 2012. "A qualitative investigation of innovation between third-‐party logistics providers and customers," International Journal of Production Economics, Elsevier, vol. 140(2), pages 944-958.
    13. Gligor, David M. & Esmark, Carol L., 2015. "Supply chain friends: The good, the bad, and the ugly," Business Horizons, Elsevier, vol. 58(5), pages 517-525.
    14. Elia, Valerio & Gnoni, Maria Grazia, 2015. "Designing an effective closed loop system for pallet management," International Journal of Production Economics, Elsevier, vol. 170(PC), pages 730-740.
    15. Hicham Abbad & Bruno Durand & Marie-Pascale Senkel, 2016. "Chapter 17: The sustainable strategies of the logistic service providers [Chapitre 17 : Les stratégies durables des prestataires de services logistiques]," Post-Print hal-01773225, HAL.
    16. Belieres, Simon & Hewitt, Mike & Jozefowiez, Nicolas & Semet, Frédéric, 2022. "Meta partial benders decomposition for the logistics service network design problem," European Journal of Operational Research, Elsevier, vol. 300(2), pages 473-489.
    17. Steffen Maas & Tassilo Schuster & Evi Hartmann, 2018. "Stakeholder Pressures, Environmental Practice Adoption and Economic Performance in the German Third-party Logistics Industry—A Contingency Perspective," Journal of Business Economics, Springer, vol. 88(2), pages 167-201, February.
    18. Jin Shi & Youngwon Park & Ryosuke Sugie & Mitsuhiro Fukuzawa, 2022. "Long-Term Partnerships in Japanese Firms’ Logistics Outsourcing: From a Sustainable Perspective," Sustainability, MDPI, vol. 14(10), pages 1-13, May.
    19. Anchal Gupta & Rajesh Kumar Singh & Sachin Kr Mangla, 2022. "Evaluation of logistics providers for sustainable service quality: Analytics based decision making framework," Annals of Operations Research, Springer, vol. 315(2), pages 1617-1664, August.
    20. Büyüközkan, Gülçin & Feyzioglu, Orhan & Sakir Ersoy, Mehmet, 2009. "Evaluation of 4PL operating models: A decision making approach based on 2-additive Choquet integral," International Journal of Production Economics, Elsevier, vol. 121(1), pages 112-120, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:hiclch:209257. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://hicl.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.